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Manufacture of paper and paper products

NACE 17230
Enterprises60
Bankruptcies (5y)1
Failure rate1.67%

Nationally 1.50% of enterprises go bankrupt within five years; this failure rate is higher than that of 68% of the 88 NACE divisions. The median bankruptcy probability in NACE division 17 is 0.5%, against 0.5% nationally, over 220 scored companies.

Key figures for NACE division 17

fiscal year 2025 · median over 154 filed annual accounts
Median solvency
46.8%
higher than 61% of 79 divisions
Median equity
€981k
higher than 96% of 79 divisions
Median net result
€63k
higher than 97% of 79 divisions
Annual accounts in sample
154

Regional split

by region · 28 of 60 enterprises with a registered office on file
Flanders 16 · 57.1%
Brussels 6 · 21.4%
Wallonia 5 · 17.9%
Unknown 1 · 3.6%

Recent bankruptcies in this sector

1
Date Company
18-02-2025 Renaissance Design
BE 0669.731.946

Geographic distribution

by province · based on the establishment address
fewer moremax 6
How these figures are counted

Enterprises are counted by their primary NACE; establishment units are not counted. Counted in the KBO's NACE 2025 nomenclature, the one in which code 17230 exists.

Bankruptcies and the failure rate are attributed by each company's current primary NACE, not the NACE at the time of bankruptcy (which the gazette does not record).

The comparison with the country and with the other NACE divisions comes from a nightly overview of every division, each counted in the nomenclature in which it exists. A standing such as "higher than 80%" counts the other divisions that have the figure. The bankruptcy probability is the median of our nightly score over the division's companies that have one; the count is stated.

The key figures cover the whole NACE division 17, not NACE 17230 on its own: there are too few filed annual accounts per five-digit code to compute them separately. Medians over NBB annual accounts, all schema types combined.